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Agoura Hills' $12,000,000 Office Building Sold by SVN | Rich Investment's Pacific Bridge Team
  • USA - English


News provided by

SVN - Rich Investments - Pacific Bridge

Aug 30, 2016, 03:00 ET

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Creekside Plaza sold on Aug 26, 2016 for $12,000,000 by SVN | Rich Investment's Pacific Bridge Team.
Creekside Plaza sold on Aug 26, 2016 for $12,000,000 by SVN | Rich Investment's Pacific Bridge Team.

Agoura Hills, CA (PRWEB) August 30, 2016 -- SVN | Rich Investment Real Estate’ Pacific Bridge team has announced the sale of Creekside Plaza, a 68,951 SF office building, located in Agoura Hills, CA. SVN | Rich Investment Real Estate is a full-service commercial real estate brokerage firm and part of the SVN® brand - the only commercial real estate firm that markets all of its properties to the entire brokerage and investment community.

In addition to being a well-performing office building with tremendous upside, this property will also benefit directly from the Agoura Village Specific Plan which will drive rents and property values up.

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The multi-tenant office building at 28720 Roadside Dr. in Agoura Hills sold on August 26, 2016 for $12,000,000. This property was originally built in 1987 for Roy Disney and is known for its curb appeal, as well as easily accessible location.

Tilden Moschetti, CCIM, a senior partner at Pacific Bridge team, which secured the sale, commented that “In addition to being a well-performing office building with tremendous upside, this property will also benefit directly from the Agoura Village Specific Plan which will not only transform Agoura Hills into a more attractive, modernized city, but will drive rents and property values up”.

Jeff Albee, CCIM, a senior partner at Pacific Bridge team, added, "Based on what we are seeing with rent and occupancy going up in the area, this was a very good deal for both the buyer and the seller."

Skilled packaging and marketing of this property, which included a professional location and aerial video, produced desired results for both the seller and the buyer. The Pacific Bridge team is very proud to bring this win-win transaction to its successful completion.

SVN® is the only commercial real estate firm that markets all of its properties to the entire brokerage and investment community. Participating in approximately $10.1 billion in sales and leasing transactions in 2015, SVN Advisors shared commission fees with co-operating brokers in order to close more deals in less time and at the right value for clients. This open, transparent and collaborative approach to real estate is the SVN Difference.

SVN’s Pacific Bridge Team senior partners:
Jeff Albee, CCIM
Travis Albee
Tilden Moschetti, Esq., CCIM

Tilden Moschetti, SVN - Rich Investments - Pacific Bridge, http://www.svn-pacificbridge.com, +1 8182278000, [email protected]

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